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Chinese shares prices tumbled more than four percent after consecutive days of falling on Monday.

The benchmark Shanghai Composite Index ended Monday's trading at 4,192.53, down 177.75 points, or 4.07 percent, from the previous close of 4370.29.

The Shenzhen Component Index for the smaller Shenzhen bourse lost 692.85 points, or 4.28 percent, to close at 15,486.67.

The combined turnover on the two bourses increased to 138.16 billion yuan ($19.19 billion) from the 165.03 billion yuan on the previous day.